NOT LISTED FOR SALE

Estimated Value: $247,000 - $368,000

-- Bed
2 Baths
1,920 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $295,000 $154 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,756/month

3 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Central Heating

About This Home

As of April 2024

Welcome to 5212 Sunbeam Avenue, Chattanooga, TN! This recently renovated, convenient, and income-producing South Brainerd Duplex is a prime investment opportunity you won't want to miss. Boasting a range of modern updates, the property features a newer roof, vinyl siding, exterior laundry sheds, flooring, and water heaters, all completed prior to purchase in 2018. Enjoy the benefits of updated interiors, including fresh flooring and contemporary water heaters, as well as the convenience of exterior laundry sheds and new custom-made awnings at both the front and rear of both units. Ideally situated in the heart of South Brainerd and zoned for Spring Creek Elementary and East Ridge Middle/High Schools, this area is highly desirable for tenants. Buyers are encouraged to verify square footage and school zones, and FHA financing will be considered for qualified buyers. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to buy into Chattanooga's thriving real estate market, this property stands as an excellent addition or cornerstone investment. Contact us today to schedule a viewing and secure your next successful investment at 5212 Sunbeam Avenue.

Last Buyer's Agent

Gloria Page

Zach Taylor Chattanooga License #327542

Zach Taylor Chattanooga

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 50x200

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 3 Levels

Schools

  • Spring Creek Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number 157N D 012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hamilton Place Subdivision

Building Details

  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,336

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area: 1920
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Aluminum Siding, Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X200
  • Lot Size Units: Acres
  • Parcel #: 157N D 012
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 18600
  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 2
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 2336

MLS Schools

  • Elementary School: Spring Creek Elementary School
  • High School: East Ridge High School
  • Middle Or Junior School: East Ridge Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 25, 2024
Sold by
Carrel Kenneth
Bought by
Coronado Hector Rosas
Buyer's Agent
Gloria Page
Zach Taylor Chattanooga
List Price
$295,000
Sold Price
$295,000
Views
12
Current Estimated Value
$304,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,304
Avg. Annual Appreciation
0.58%
Original Mortgage
$236,000
Outstanding Balance
$233,697
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$63,561

Purchase Details

Listed on
Aug 18, 2018
Closed on
Sep 21, 2018
Sold by
Erwin David J and Erwin Sylvia E
Bought by
Carrel Kenneth
List Price
$135,000
Sold Price
$127,500
Premium/Discount to List
-$7,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coronado Hector Rosas $295,000 Hon & Kopet Title
Carrel Kenneth $127,500 First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronado Hector Rosas $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $295,000 0.0% $154 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $295,000 +131.4% $154 / Sq Ft
09/21/2018 09/21/18 Sold $127,500 -5.6% $66 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $135,000 -- $70 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,165 $52,080 $0 $0
2023 $1,165 $52,080 $0 $0
2022 $1,165 $52,080 $0 $0
2021 $1,165 $52,080 $0 $0
2020 $1,343 $48,560 $0 $0
2019 $1,343 $48,560 $0 $0
2018 $911 $34,440 $0 $0
2017 $952 $34,440 $0 $0
2016 $965 $0 $0 $0
2015 $1,885 $34,880 $0 $0
2014 $1,885 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2711632

Realtracs

APN: 157N-D-012